HDFC Securities’ Head of Research-Institutional Equities, Varun Lohchab, suggests that their top investment ideas span across various sectors. They are positive on pharma, power, and real estate, with names like DLF and Sobha in the real estate sector, and L&T and NCC in the construction sector. In terms of financials, they favour Axis and ICICI Bank. Lohchab also warns of the possibility of a further 4-5% market fall due to global volatility and advises investors to stay cautious and selective.
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